After brief contract negotiations, agreement was quickly reached: the financing for a photovoltaic portfolio of over 10 megawatts was concluded between the CCE Group from Garsten and Volksbank Niederösterreich AG. This will generate 10 million kWh annually, which corresponds to the annual electricity demand of 3,000 households. Among others, the portfolio includes the PV plant currently being built on the roofs of AMAG in Ranshofen, which remains fully owned by CCE. CCE specialises in large-scale ground-mounted PV systems as well as private and commercial rooftop PV systems.
Garsten, 8th of June 2021. – The CCE Group and Volksbank Niederösterreich are embarking on a joint future. They decide on project financing for a portfolio consisting of existing and new PV plants. The most extensive project in this portfolio is one of the largest rooftop PV plants in Austria, the financing for which the international photovoltaic specialist has now been able to conclude with Volksbank Niederösterreich AG.
At the end of April, construction work began on the roofs of the aluminium manufacturer AMAG. After a construction period of around four months, the plant will be connected to AMAG’s power grid, with the plant remaining fully owned by the CCE Group. In future, around 6.7 GWh of electricity will be generated per year on an area of 55,000 m2, which is equivalent to the consumption of around 1,700 households. Other large projects in the portfolio include a rooftop plant for the Umdasch Group in Amstetten, as well as several plants on the roofs of Austria’s largest dairy, Berglandmilch.
Generated electricity is used for own consumption
Most of the electricity produced is used by the businesses for their own consumption. The plants are owned and operated by the CCE Group. Long-term contracts have been concluded with the customers for the economic use of the plants. “The rooftop PV system on AMAG’s roofs is particularly forward-looking in several respects. The market for large-volume commercial or industrial PV roof systems is still in its infancy. Therefore, the project represents a milestone for the entire Austrian PV sector and proves that solar plants can be realised on industrial roofs in Austria. We are convinced that this sector in Austria is of enormous importance for the energy transition,” says Martin Dürnberger, Managing Director of the CCE Group.
A confident look into the future
The Volksbank Group would also like to support further projects in this area in the future and make a contribution to the energy transition. “It is therefore very positive for us to realise such a lighthouse project as AMAG’s with one of Austria’s most recognised photovoltaic companies right from the start,” says authorised signatory Wolfgang Catel, who was responsible for financing the project as Volksbank Niederösterreich AG’s corporate customer advisor.